What happens to your carafterit goes through a major accident? Well, the answer is in the title: you get a salvage title. This indicates the vehicle’s current condition and affects the price. But what if things changed, and you managed to get it working again? Well, you’ll have to...
When a vehicle is a total loss or costs more to repair than its total value, you can obtain a vehicle salvage title. Later, if you rebuild or repair the vehicle to the satisfaction of your state's department of motor vehicles, the department will issue a rebuilt title for the vehicle. ...
even though it is worth less than it was before. Auto salvage value is the value of a damaged car that is not going to be repaired because it is a total loss or cannot be sufficiently repaired. A car in this situation is often referred to as a salvage car or salvage vehicle. Figuring...
Until the loan is paid off, the loan lender keeps your title on file at their offices. (There are also salvage titles, but that's a different discussion altogether.) Whether you need a replacement car title for your own records or to complete a vehicle sale, this article covers every ...
Bumperis the website you should try for a VIN check. Its extensive database has everything you need to know about a vehicle, such asvehicle accident history, salvage, theft recordsand more. It’s also a great tool to help you compare two similar vehicles. With the help of their cost ...
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Buyers can use the document as a generic bill of sale in case there is any dispute about the vehicle price or the buyer’s ownership status.How to Complete a Bill of Sale Form in IndianaWhen completing a sample bill of sale in Indiana, vehicle sellers and buyers need to obtain a blank...
Selling a damaged vehicle or salvage car — one that’s been deemed a total loss by an insurance company — isn’t too different from selling a used car in good shape. The main difference is where you sell it and what you need to disclose about the vehicle’s condition. The most commo...
Junkyards or auto salvage yards are different than scrap yards and, many times, will sell parts to customers and make more money off of the car, thus being able to buy your old vehicle for a little more than just scrap value. Suggested...
is the official agency recording vehicle events. Those events are labelled with all kinds of branded titles, and a totaled car can be titled as “junk“, “total loss” and even “salvage“, depending on your state regulation. Also you need to pay attention to the “rebuilt” title for ...